eAutoclaims.com Unveils Appraiser eLink(TM) to Insurance Claims Industry
19 December 2000
eAutoclaims.com Unveils Appraiser eLink(TM) to Insurance Claims Industry
PALM HARBOR, Fla., Dec. 19 eAutoclaims.com(TM)
(OTC Bulletin Board: EACC) introduced Appraiser eLink(TM) to the market today.
The new Internet application enables field staff or independent adjusters to
upload completed appraisal assignments and photos to the desktops of insurance
company staff regardless of the estimating software being utilized. The
application enables each insurance company staff adjuster to monitor
turnaround time, average paid loss, and average loss adjustment expense with a
personalized "Data Repair Center" all in real-time.
Eric Seidel, president and CEO of eAutoclaims commented, "This product has
been in development for sometime, and may be utilized with our existing
"Bricks to Clicks(TM)" Internet Claims system, or it can be used as a stand
alone application. This application is very powerful, yet simple to use.
Appraiser eLink(TM) has been successfully beta tested with one of our clients
and is now ready for a major rollout over the coming weeks."
The company has priced the product with no upfront development charges,
except a small one time $22 license fee used by the field staff or an
Independent Adjuster; it's fee structure is based on a small upload charge,
the actual amount is determined by the users volume.
The product can be hosted on the company's server, or can be hosted by the
client servers and follows the model of a true ASP. "We do a certain amount of
customizing for the client free of additional charges. The product is made to
look like the clients and the upload site is not shared with other insurance
companies," stated Gaver Powers, CIO for eAutoclaims.com. "It is a great
product for carrier or TPA who is using Independent Adjusters and wants to
have them connect on-line or an insurance company who has their own field
staff and does not want an expensive system. The product provides the
insurance company or TPA with real-time reports."
About eAutoclaims.com
eAutoclaims.com(TM) Inc. is a pioneering business-to-business
Infrastructure company that utilizes the Internet to streamline and lower the
overall cost of automotive repair paid by insurance companies and on
corporately own fleet vehicles. The company is creating a new online digital
automotive maintenance organization industry within the $123 billion market of
the auto collision claim industry. eAutoclaims.com(TM) Inc. is establishing
itself as the pre-eminent Application Service Provider for the automobile
insurance industry, providing seamless back-end infrastructures that link
thousands of collision repair shops and/or glass repair facilities into a
network. The company offers a cost effective and highly advanced "Bricks to
Clicks(TM)" Internet Claims System for the processing and ultimate repair of
damaged vehicles filed as insured auto claims and by self-insured fleets.
eAutoclaims.com(TM) Inc. generates revenue from administrative fees and
discounts earned by processing collision & glasswork through its system.
Forward-looking statements involve known and unknown risks and
uncertainties. These and other important factors, including those mentioned in
various filings with the Securities and Exchange Commission made periodically
by the Company (available to the public at http://www.sec.gov), may cause the actual
results and performance to differ materially from the future results expressed
in or implied by such forward looking statements. The forward looking
statements contained in this press release speak only as of the date hereof
and the Company disclaims any obligation to provide public updates, revisions
or amendments to any forward looking statements made herein to reflect changes
in the Company's expectations or future events.
CONTACT: Tony Altavilla, senior vice president of Liviakis Financial
Communications, Inc., 415-389-4670, or fax, 415-389-4694, or
moreinfo@lfcnet.com, for eAutoclaims.com.